The deadline for request of conversion of the convertible bonds for 46,984,745.74 DKK signed in December 2017 and convertible bonds for 19,896,00zero DKK signed in Could 2018, expired on 31 August 2022.

The whole issued bonds quantity to 66,880,745.74 DKK divided on 25 bond house owners.

Of those, 24 bond house owners, completely representing 66,130,745.74 DKK, have chosen to transform their bonds into FirstFarms shares with impact from 1 October 2022. The shares will likely be issued at value 57.25 as to convertible bonds for 46,234,745.74 DKK signed December 2017 and at value 49.21 as to convertible bonds for 19,896,00zero DKK signed Could 2018, akin to a complete of 1,211,889 shares.

Thus, a capital enhance of DKK 12,118,890 DKK will likely be carried out as per 1 October 2022, akin to 1,211,889 shares at nominal 10 DKK, and the corporate’s new share capital will hereafter be 93,922,770 DKK.

The next carefully associated events have requested conversion of bonds: Thoraso ApS (carefully associated to chairman Henrik Hougaard) for 39,234,983.05 DKK at value 49.21 and vice chairman Asbjørn Børsting for 816,949.15 DKK at value 57.25.

Finest regards,
FirstFarms A/S

For additional info:
Please go to our web site www.firstfarms.com or contact CEO Anders H. Nørgaard on telephone +45 75 86 87 87.

About FirstFarms:
FirstFarms is a Danish inventory trade listed firm. We function FirstFarms with duty for the encompassing communities, and we ship highest high quality which is primarily offered regionally. We act on new alternatives, that create worth for our buyers and for the environment. Daily, we work on making a extra sustainable firm.

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